Restaurant Association Of Maryland Education Foundation Inc

Organization Overview

Restaurant Association Of Maryland Education Foundation Inc, operating under the name Foundation, is located in Columbia, MD. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Foundation generated $592.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $476.9k during the year ending 06/2022. While expenses have increased by 0.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION IS TO PROVIDE EDUCATION AND RESOURCES TO THE RESTAURANT AND HOSPITALITY INDUSTRY THROUGH SEMINARS, CERTIFICATIONS AND OTHER AVAILABLE RESOURSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RAMEF SERVES AS THE PREFERRED SOURCE OF EDUCATION TRAINING, RESOURCES, AND RESEARCH FOR THE MARYLAND HOSPITALITY AND TOURISM INDUSTRIES. RAMEF SPONSORS SEMINARS AND CLASSES WHERE EDUCATORS AND INDUSTRY LEADERS ARE INVITED TO SPEAK FOR THE PURPOSE OF EDUCATING THE GENERAL PUBLIC AND MEMBERS ON TOPICS RELEVANT TO THE RESTAURANT & HOSPITALITY INDUSTRIES.


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Board, Officers & Key Employees

Name (title)Compensation
Della Collins
Chair Of Boa
$0
David Ludwig
Treasurer
$0
Natalie Martz
Vice Chair
$0
Amy Baer
Director
$0
Robert Bratton
Director
$0
Mae Beale
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $28,325
All other contributions, gifts, grants, and similar amounts not included above$186,106
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$214,431
Total Program Service Revenue$159,391
Investment income $2,907
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,641
Net Income from Fundraising Events $0
Net Income from Gaming Activities $30,300
Net Income from Sales of Inventory $178,304
Miscellaneous Revenue$0
Total Revenue $591,989

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Restaurant Association Of Maryland Education Foundation Inc has recieved totaling $236,152.

Awarding OrganizationAmount
The National Restaurant Association Educational Foundation

Washington, DC

PURPOSE: Apprenticeship Program

$163,324
The National Restaurant Association Educational Foundation

Washington, DC

PURPOSE: ProStart Program

$55,309
National Restaurant Association

Washington, DC

PURPOSE: Advocacy

$17,500
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$19
View Grant Recipient Profile

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